TRON (TRX): Be Long Term Greedy!
SUMMARY
Tron (TRX) broke out of a symmetrical triangle which allowed price to consolidate. I've labeled a short term five wave impulse up and it could certainly go higher towards $0.11 cents!
But, focus more on the longer term picture. As Tom Lee often says, be "Long Term Greedy"!! The below chart showsa massive rounded bottom price formation. The left wall is complete and from the looks of it, price is just exiting the basin phase. That means the right wall is yet to be built! IF you happen to have let's say 300 Million coins of TRX; the $0.34 target would be an explosively phenomenal return!
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
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tron is pumping like crazy but not like EOS :)
Small position that will hopefully one day become a large position
Coins mentioned in post:
Maestro
There are 4 coins that are going like if there is not tomorrow
EOS
TRON
CARDANO
AETERNITY
wow thanks :)
Can you do an update , I would like to know if wave 2 will occur soon and how much a good entry point would be . Thank you!
Not sure Tron cares much about waves be them bull or bear, it just marches along strong and steady.
Great. Thanks for your information.
Tron is mooning if I must say, it isn't so some few weeks back. All thanks to @haejin for letting us see clearly about the issue more clearly
Great analysis - my initial ideas were to sell as the mainnet launches since most tokens drastically go up at that point - then again mostly all are speculative , if i can flip all mine to a few bitcoins sure ill do that :0)
thank you again